No deemed rent addition for property which is not habitable

Manindra Mohan Mazumdar Vs ACIT (ITAT Kolkata)

CIT(A) while dealing with the assessee’s appeal casually dealt with the issue and in the finding only mentioned about the two properties owned by the assessee and confirmed the addition made by ld. AO. However, ld. AO did not make any addition for Deemed Rental Income for the Bhuvneshwar property since it is used for commercial purposes. As regards the property at Ghaziabad it is stated by the assessee that the same is not habitable due to lack of electricity and water connection but this

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